Pineapple Energy (NASDAQ:PEGY) Shares Up 5.5% – Should You Buy?

Pineapple Energy Inc. (NASDAQ:PEGYGet Free Report) shares shot up 5.5% during mid-day trading on Tuesday . The stock traded as high as $1.34 and last traded at $1.34. 28,758 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 730,629 shares. The stock had previously closed at $1.27.

Pineapple Energy Stock Performance

The firm’s fifty day moving average is $1.40 and its 200-day moving average is $1.51. The company has a current ratio of 0.47, a quick ratio of 0.36 and a debt-to-equity ratio of 0.71. The stock has a market capitalization of $2.43 million, a PE ratio of -0.01 and a beta of 2.81.

About Pineapple Energy

(Get Free Report)

Pineapple Energy Inc engages in the sale, design, and installation of photovoltaic solar energy systems and battery storage systems in the United States. Its brand portfolio includes SUNation, Hawaii Energy Connection, E-Gear, Sungevity, and Horizon Solar Power. The company develops and manufactures energy management software and hardware, such as energy management control devices on solar systems that are paired with batteries.

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